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18 Cards in this Set

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a bundle of private, exclusive rights in people to acquire, possess, use, and transfer scarce resources.
Property
includes the application of property in the areas of trade secrets, patents, trademarks, and copyrights.
IntellectualProperty
any form of knowledge or information that the owner has taken reasonable measures to keep secret and that has economic value from not being known to the public.
TradeSecret
an order by a judge either to do something or to refrain from doing something.
Injunction
a specific legal monopoly in the intangible resource of copying and marketing a new invention.
Patent
a statutorily created property in a mark, word, picture, or design that attaches to goods and indicates their source. trademark, service mark, certification mark, and collective mark.
Trademarks
a legal doctrine giving someone ownership of a distinctive overall appearance or look and feel of a product or service.
TradeDress
civil violation of a trademark or a patent.
Infringement
if a trademark loses its distinctiveness. It also loses its status as a protected trademark.
Generic
an injunction prohibiting further use of the junior mark.
TrademarkDilution
gives those who have this property a monopoly over copying and marketing for a limited period of time.
Copyright
a statutorily permitted use of another's copyright for criticism, comment, news reporting, teaching, scholarship, or research.
FairUse
refers to the view that certain legal principles reflect something basic and universal in nature itself.
Natural law
an unreasonable use of one's land that causes substantial interference with the use or enjoyment of another's land.
PrivateNuisance
property ownership acquired through open, notorious, actual, exclusive, continuous, and wrongful possession of land for a statutorily prescribed period of time.
AdversedPossession
limits all exercise of property over resources to a duration of "lives in being plus twenty-one years"
RuleAgainstPerpetuities
laws that divide counties or municipalities into use districts designated residential, commercial, or industrial.
ZoningOrdinances
the governmental power to take private property for "public use" upon the payment of "just compensation"
EminentDomain